National business organisations have welcomed the government’s drastic measures putting the country into virtual lockdown in a bid to combat the rapid spread of coronavirus. The CBI said the action presented “great challenges” while the British Chambers of Commerce (BCC) said it made it even more vital that support for businesses was delivered quickly. ...
The South West TUC and Business West, the region’s largest business organisation, have jointly welcomed the latest government measures to tackle the economic and jobs crisis triggered by the coronavirus pandemic. But in a joint statement they slammed the regional response as “too slow . . . fragmented and inconsistent” and called for further...
Pubs, cafes and restaurants must close down this evening, Prime Minister Boris Johnson has announced, as Chancellor Rishi Sunak unveiled a massive package of measures to support businesses and their workers. The government is to pay 80% of wages for employees not working, up to £2,500 a month, Mr Sunak said. Companies and organisations...
The Bank of England has cut interest rates to 0.1% – their lowest level ever – as it attempts to deal with the economic fall-out from the coronavirus pandemic. The move is the second emergency cut in just over a week prompted by the outbreak – last week the rate was reduced from 0.75%...
Law firm Royds Withy King, which has its head office in Bath, has further strengthened its business with the appointment of four new partners. Lee Taylor will lead the firm’s Bath-based residential development team in the city from next month. Lee is joining the firm from Lyons Davidson in Bristol, where he was head...
Chancellor Rishi Sunak has unveiled an emergency £330bn package to support businesses during the coronavirus crisis. Mr Sunak, pictured, said the move was equivalent to 15% of the UK’s GDP and added that if demand was greater than the initial £330bn he would go further and provide as much capacity as required. Measures include:...
The director of a Frome-based manufacturing firm with major interests in China has spoken about the impact of coronavirus on the business. Sino Manufacturing Solutions’ factory in Shenzen, which employs more than 100 people, was not operational for five weeks earlier this year after enforced closure following the coronavirus (Covid-19) outbreak. The facility specialises...
The battle of the bats returns to the West of England in May when the region’s third Ping Pong Fight Club takes place – and Bath businesses are being urged to sign up to enter teams for the unique, all-action event. This year the popular table-top challenge moves to the larger venue of Walkabout...
The corporate team at Bath-headquartered law firm Royds Withy King has provided equity investment support to the local entrepreneurs behind a new kitchen, food market and lifestyle store due to open this summer. Called Teals, the venture on the busy A303 at North Cadbury in Somerset aims to connect local communities to local producers....
Law firm Royds Withy King welcomed Bath MP Wera Hobhouse to its head office in the city for an inspirational talk ahead of International Women’s Day. Speaking to staff during the lunchtime event, Ms Hobhouse shared her journey from artist to local councillor and then MP, revealing some of the challenges along the way....
